August 08, 2012

The Housing Recovery is Real

Customers, friends and family members have heard me preaching it for several months now: The housing recovery is real, South Florida hit its market bottom last winter, we're on our way back up.

Of course they poo-poo my opinion, choosing instead to believe the talking heads because they're "professionals".  They don't seem to understand that the journalists aren't in the field on a daily basis and the data they receive is typically 30 days or more old by the time it's reported.

It appears the "professionals" are now receiving their old data and are beginning to report the recovery as new news.  Many good articles from reputable sources are out there.  One of the more intuitive articles I have reviewed is available here via The Wall Street Journal.  Enjoy!